TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS LUXCHEM CORPORATION BERHAD (''LUXCHEM'' OR THE ''COMPANY'') PROPOSED ACQUISITION OF 55% EQUITY INTEREST EACH IN LEXIS CHEMICAL SDN BHD, LEXIS SPECIALTIES SDN BHD AND LEXIS CORPORATION SDN BHD
| LUXCHEM CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | LUXCHEM CORPORATION BERHAD (''LUXCHEM'' OR THE ''COMPANY'')
PROPOSED ACQUISITION OF 55% EQUITY INTEREST EACH IN LEXIS CHEMICAL SDN BHD, LEXIS SPECIALTIES SDN BHD AND LEXIS CORPORATION SDN BHD |
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(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 14 December 2020 in relation to the Proposed Acquisition, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcement in relation to the Proposed Acquisition dated 14 December 2020.
On behalf of the Board, Mercury Securities Sdn Bhd wishes to announce that the Company and the Vendors had on 26 February 2021 agreed to extend both the Due Diligence Period and the Expiry Date for a period of 60 days, commencing from 1 March 2021 until 29 April 2021 (“Extended Period”).
This announcement is dated 26 February 2021. |
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Announcement Info
| Company Name | LUXCHEM CORPORATION BERHAD |
| Stock Name | LUXCHEM |
| Date Announced | 26 Feb 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26022021-00131 |